HomeMy WebLinkAbout053-93RESOLUTION NO. 53-93
APPROVING THE 92-93 THIRD QUARTER REPORT AS PRESENTED AND
MAKING ADJUSTMENTS TO THE 92-93 FINANCIAL PLAN
WHEREAS, the General Fund year end remaining balance available for capital is projected
at $24,735; and
WHERFakS, this amount represents a $242,169 shortfall, due to a drop in anticipated
revenues, from the $266,904 originally projected in the budget; and
WHEREAS, the Town Council wishes to reduce the shortfall and make available for capital
an amount as close to $266,904 as possible; now, therefore, be it
RESOLVED, by the Town Council of the Town of Danville, that the 92-93 Financial Plan
be amended and that $12,200 be reduced from General Fund expenditures and that
$25,000 in expenditure savings in the Asset Replacement Fund be transferred to the
General Fund and that the 92-93 General Fund contribution to the Gas Tax Fund in the
amount of $127,337 be eliminated.
APPROVED by the Danville Town Council at a Regular Meeting held on May 4, 1993 by
the following vote:
AYES:
NOES:
ABSTAINED:
ABSENT:
SHIMANSKY, RITCHEY, DOYLE, GREENBERG
NONE
NONE
LANE
APPROVED AS TO FORM:
CITY ATTORNEY
ATTEST:
cC cz
CITY CLERK